Cloudflare (NET) Other Operating Expenses (2018 - 2026)
Cloudflare's Other Operating Expenses was $276.12 million in Q2 2026, up 25.9% from $219.36 million a year earlier and up 1.7% from the prior quarter.
Powered by 
Analysis
Cloudflare (NET) Other Operating Expenses (2018 - 2026) Analysis & Trends
On a trailing twelve-month basis, Cloudflare's Other Operating Expenses was $1.04 billion through Jun 30, 2026, up 27.7% year-over-year; for FY2025, it came in at $920.82 million, up 23.5% from FY2024.
- Other Operating Expenses has now increased for eight consecutive years, with a five-year compound annual growth rate of 33.4% (FY2020 to FY2025).
- In earlier years, Other Operating Expenses was $745.79 million in FY2024 (+24.5%), $599.12 million in FY2023 (+28.6%), $465.76 million in FY2022 (+42.0%) and $328.07 million in FY2021 (+50.6%).
- The Q2 2026 figure marks the highest quarterly Other Operating Expenses in data going back to Q3 2018.
- Compared with a year earlier, Other Operating Expenses has increased for 28 straight quarters, with growth averaging 23.3% over the last eight quarters.
- Over the past five years, the year-over-year growth in Other Operating Expenses ranged from 10.3% (Q1 2025) to 54.8% (Q2 2022).
- Per Business Quant data, NET's Other Operating Expenses in the three quarters before Q2 2026 was $271.6 million (Q1 2026), $251.14 million (Q4 2025) and $236.31 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Microsoft | 3,932.24 Bn | 3,855.40 Bn | 60.48 Bn |
| 2 | International Business Machines | 219.04 Bn | 169.85 Bn | 9.91 Bn |
| 3 | Cloudflare | 104.70 Bn | 88.23 Bn | 499.52 Mn |
| 4 | Equinix | 97.19 Bn | 85.75 Bn | 1.40 Bn |
| 5 | Nebius | 40.23 Bn | 13.66 Bn | 448.70 Mn |
| 6 | CoreWeave | 33.76 Bn | 20.85 Bn | 1.70 Bn |
| 7 | Verisign | 27.46 Bn | 24.67 Bn | 384.60 Mn |
| 8 | Nutanix | 17.98 Bn | 9.67 Bn | 651.35 Mn |
| 9 | GoDaddy | 13.83 Bn | 9.41 Bn | 828.20 Mn |
| 10 | Akamai Technologies | 12.69 Bn | 6.10 Bn | 613.75 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 276.12 Mn |
| Mar 31, 2026 | 271.60 Mn |
| Dec 31, 2025 | 251.14 Mn |
| Sep 30, 2025 | 236.31 Mn |
| Jun 30, 2025 | 219.36 Mn |
| Mar 31, 2025 | 214.01 Mn |
| Dec 31, 2024 | 191.97 Mn |
| Sep 30, 2024 | 185.22 Mn |
| Jun 30, 2024 | 174.50 Mn |
| Mar 31, 2024 | 194.10 Mn |
| Dec 31, 2023 | 165.21 Mn |
| Sep 30, 2023 | 150.21 Mn |
| Jun 30, 2023 | 146.69 Mn |
| Mar 31, 2023 | 137.00 Mn |
| Dec 31, 2022 | 132.05 Mn |
| Sep 30, 2022 | 116.03 Mn |
| Jun 30, 2022 | 117.62 Mn |
| Mar 31, 2022 | 100.06 Mn |
| Dec 31, 2021 | 96.22 Mn |
| Sep 30, 2021 | 85.88 Mn |
API Access
Cloudflare Other Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=other-operating-expenses&ticker=NET&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "other-operating-expenses", "ticker": "NET", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=other-operating-expenses&ticker=NET&period=max&api_key=YOUR_API_KEY");
const data = await res.json();